Bengaluru: Indian Institute of Management-Bengaluru has announced a significant philanthropic commitment by Tata Trusts for its undergraduate school in Bengaluru. However the B-school did not reveal the amount.The grant will directly support the institute’s long-term academic vision, campus design and institutional roadmap for excellence in higher education in India, said a press release from the institute.The school of undergraduate studies is located around 27 kilometres from IIMB’s main campus. The school will initially offer two four-year, full-time residential programmes: BSc (honours) in economics with a minor in data science, and a BSc (honours) in data science with a minor in economics. The programmes will start in Aug.Noel Tata, chairman, Tata Trusts, said, “The Tata Trusts have for over a century supported some of India’s most defining institutions like the Tata Memorial Hospital and the Indian Institute of Science. This support reflects the same instinct, to build institutions of enduring value through support at an early, formative stage when philanthropic capital can shape not just a building or a budget, but the character and ambition of an institution itself.”Welcoming the endowment, Dr Devi Shetty, chairperson, board of governors, IIM Bengaluru, said, “Transformative endowments, exemplified by the support from the Tata Trusts, are fundamental to setting institutes of national importance such as IIM Bengaluru firmly on a path of global leadership. We are committed to nurturing talent at the undergraduate level and creating a pipeline of thinkers who can engage with the challenges of a data-driven world.”
